The leu accelerated the trend of depreciation over the last week, due to the domestic political tensions, and separated from the regional evolutions. The Romanian currency is the only in Central and Eastern Europe which dropped against euro since the beginning of the year, show the data analysed by Profit.ro. Euro reached new historic levels against the leu at each of the last four meetings for tradings and which is closer to the threshold of 5 lei at the official quotation of BNR. The weakness of the leu is deepened by the political crisis which could end with the destruction of the governing alliance after the USR-PLUS ministers resigned from the Citu Cabinet. ‘ The government of the premier Citu is close to collapse. This influenced both the currency and the sovereign bonds’ showed a notice of Erste Research, quoted by Profit.ro. Euro increased with almost a quarter percentage point against the leu over the last week, while it was stable against the Polish Zlot and the Czech Krone and dropped against the Hungarian Forint by 0.4%. The Forint is on a growing trend, after the central bank increased the key interest and entered a cycle of strengthening of the monetary policy. The expectations of the analysts are that the central bank of Poland is going to increase the key interest, although the governor Adam Glapinski stated that it was not the case. The Romanian leu went the worst from the Central and Eastern Europe this year – euro increased against the Romanian currency by almost 2% while it dropped against the Zloty by 1%, by more than 3% against the Krone and over 4% against the Forint.
Dacia Sandero was Europe’s top-selling car in July, the fourth monthly sales win for the small hatchback in 2025. The others came in January, February, and March. By outselling its competitors, the Sandero put an end to the three-month streak in which Renault Clio dominated this ranking, noted Autonews.com. After the first seven months of this […]
A 73-year-old motorcyclist was bitten by a bear on the famous Transfăgărășan mountain road on Saturday, August 23, according to the Argeș County Police Inspectorate. The incident took place in the Valea lui Stan area, on the road section between Poenari Fortress and Vidraru Dam. According to the police, the man “stopped on the road […]
Romania’s Foreign Ministry - MAE recently released a draft project to reintroduce a series of fees for consular services. The new fees will apply for certain categories of consular services at Romania’s diplomatic missions and consular offices abroad and will be published for public consultation on the MAE website. The new measures come as the government […]
Romania’s first bicycle path built on river dikes will be completed within three months, officials announced Sunday, August 24, in Bihor County, as reported by news agency Agerpres. Stretching 192 kilometers along the Ier, Barcău, Crișul Repede, Canalul Colector, and Crișul Negru rivers, the project...
Archaeologists have uncovered a remarkable treasure at the ancient site of Histria, shedding new light on daily life in the city during the Roman era, the National Museum of History of Romania (MNIR) announced. The discovery was made in the “Great Gate – Great Tower” sector, where a hoard of more than 40 coins and […]
Romanian tennis player Sorana Cîrstea jumped 41 places in the official Women’s Tennis Association - WTA ranking after winning the Cleveland tournament, which took place between August 16 and 23. The Romanian bested Anna Li 6-2, 6-4 in the Cleveland final, winning her third career WTA singles title. “It has been a wonderful week,” Cirstea […]
